TABLE G1: GENERAL INSURANCE: REVENUE ACCOUNTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2000 (PART 1) ($'000) ------------------------------------------------------------------------------------------------------------------------------------ INCOME -------------------------------------------------------------------------------------------------- OTHER INCOME TRANSFERS FROM NET PROFIT/ & ADJUSTMENT BALANCE AT NET RESERVES & (LOSS) ON OF BEGINNING EARNED INVESTMENT SOURCES REALISATION NON-ADMITTED COMPANY OF YEAR PREMIUMS INCOME OUTSIDE OF FUND OF ASSETS ASSETS TOTAL (1) (2) (3) (4) (5) (6) (7) ------------------------------------------------------------------------------------------------------------------------------------ DIRECT INSURERS =============== LOCAL COMPANIES --------------- ACE INSURANCE 26,138 -568 2,881 0 -5 -4,360 24,086 ALLIANZ SINGAPORE 16,078 7,553 1,752 9,000 -738 3,842 37,487 ASIA 51,768 51,201 8,141 0 4,496 -250 115,356 ASIA LTD 0 0 0 0 0 0 0 AXA SINGAPORE 39,116 73,627 5,114 21,600 199 -3,264 136,392 COSMIC 32,054 40,245 2,491 1,000 1,633 381 77,804 ECICS-COFACE 9,004 218 240 0 0 212 9,674 FIRST CAPITAL 14,586 9,796 925 338 7,524 4,391 37,560 GREAT EASTERN LIFE 11,014 21,773 898 0 1 1,929 35,615 HARTFORD (S) 34,149 22,793 3,286 0 3,063 -327 62,964 ICS 38,975 49,294 4,837 0 -288 2,859 95,677 INDIA INTERNATIONAL 68,452 35,609 10,572 0 -5 1,704 116,332 KEMPER INTERNATIONAL 5,535 5,644 437 3,865 0 -1,390 14,091 KEPPEL 28,430 22,773 2,826 0 2,990 -1,530 55,489 LIBERTY CITYSTATE 16,739 24,106 1,174 0 73 -1,145 40,947 MITSUI (ASIA) 26,586 21,950 2,360 0 46 -2,987 47,955 NANYANG 10,696 11,277 900 0 1,045 1,638 25,556 NTUC INCOME 190,373 153,122 17,483 0 28,795 -18,922 370,851 OAC 33,071 18,134 8,421 0 12,092 -1,125 70,593 OUI 32,009 11,706 3,143 0 1,100 -2,150 45,808 ROYAL & SUN ALLIANCE 31,005 37,270 4,491 0 -71 1,657 74,352 SAGI 1 3,731 0 96 0 0 20 3,847 SAGI-CAPTIVE 2 6,665 6,638 353 0 0 0 13,656 STANDARD ASIA 5,174 237 344 0 15 367 6,137 TOKIO MARINE & FIRE (S) 13,823 13,901 834 0 0 2,481 31,039 UOI 31,636 12,413 1,576 0 -128 -512 44,985 WINTERTHUR (FE) 21,925 8,640 1,128 0 0 -1,065 30,628 YASUDA (ASIA) 28,760 9,582 1,184 0 -18 -32 39,476 ZURICH 13,387 19,048 1,633 0 117 -1,177 33,008 ----------- ----------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 840,879 687,982 89,520 35,803 61,936 -18,755 1,697,365 ----------- ----------- ---------- ---------- ---------- ---------- ----------- FOREIGN COMPANIES ----------------- AIA 44,321 50,376 3,635 0 206 -1,438 97,100 AMERICAN HOME 45,440 63,490 5,795 699 685 -202 115,907 CGU 30,959 61,322 4,065 0 268 3,898 100,512 CHINA 13,677 34,094 1,109 0 614 -8,375 41,119 EULER TRADE 0 -99 6 5,400 0 -87 5,220 FEDERAL 7,437 12,346 880 0 -81 -2,099 18,483 HSBC 7,834 6,212 659 0 8 2,160 16,873 ING INSURANCE 14,873 24,609 1,879 1,510 147 22 43,040 LONPAC 7,477 2,954 519 0 1 -896 10,055 MAYBAN 15,448 12,990 1,181 0 -5 1,327 30,941 NIPPONKOA 18,733 10,641 901 0 -8 293 30,560 QBE 17,598 25,379 795 0 759 267 44,798 SUMITOMO MARINE & FIRE 20,336 16,508 1,060 0 0 398 38,302 TAI PING 21,484 25,551 1,884 264 661 -1,422 48,422 TT CLUB 2,137 329 105 0 0 -432 2,139 UK CLUB 1,666 993 -50 991 0 -590 3,010 WING ON FIRE & MARINE 5,158 6,330 397 7,121 142 -171 18,977 ----------- ----------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 274,578 354,025 24,820 15,985 3,397 -7,347 665,458 ----------- ----------- ---------- ---------- ---------- ---------- ----------- INSURERS TOTAL 1,115,457 1,042,007 114,340 51,788 65,333 -26,102 2,362,823 ----------- ----------- ---------- ---------- ---------- ---------- ----------- PROFESSIONAL REINSURERS ======================= LOCAL COMPANIES --------------- ASEAN RE 3 3,026 1,046 224 0 24 263 4,583 AXA CORPORATE SOLUTIONS 3,831 7,251 865 2,000 221 89 14,257 EQUATORIAL RE 3 6,529 29 463 0 3 -35 6,989 HAFFINA RE 3 1,307 -12 82 0 67 162 1,606 RELIANCE NATIONAL ASIA RE 3 1,653 815 135 208 0 550 3,361 SCOR RE A P 3,005 3,890 571 0 97 376 7,939 SINGAPORE RE 31,845 41,176 4,416 0 762 -22 78,177 ----------- ----------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 51,196 54,195 6,756 2,208 1,174 1,383 116,912 ----------- ----------- ---------- ---------- ---------- ---------- ----------- FOREIGN COMPANIES ----------------- ALEA EUROPE 1,603 2,056 129 0 5 -84 3,709 ALLIANZ AUSTRALIA 3 643 27 145 4,922 0 -286 5,451 ALLIANZ AG 3,218 10,129 187 0 0 -3,271 10,263 AMERICAN RE 3,126 1,534 201 0 0 -113 4,748 CENTRAL RE 1,179 20 31 28 0 36 1,294 CNA RE 1,382 1,466 66 595 0 69 3,578 COLOGNE RE 29,719 17,610 2,771 0 170 -67 50,203 COPENHAGEN RE 1,557 2,814 187 0 0 -274 4,284 CTR 1,991 2,226 262 0 0 96 4,575 ERC FRANKONA REINSURANCE 2,158 7,154 510 3,579 0 6,724 20,125 EVEREST RE 1,500 2,449 133 100 0 159 4,341 FOLKSAM INTERNATIONAL 8,669 5,723 451 0 0 45 14,888 GE FRANKONA REASSURANCE 616 2,373 13 651 0 579 4,232 GE FRANKONA REINSURANCE 0 0 0 9,640 0 -2,383 7,257 GE RE CORP 3 1,729 12 32 0 0 2 1,775 GENERALI 4,727 411 471 54 0 -1,040 4,623 GERLING GLOBAL RE -182 3,239 167 4,200 138 -932 6,630 KOREAN RE 1,929 1,057 176 0 1 -75 3,088 LE MANS RE 2,816 2,380 529 0 87 304 6,116 MUNICH RE 19,503 24,297 2,997 0 2,482 1,841 51,120 NEW RE 1,652 1,371 94 103 0 231 3,451 PARTNER RE 1,272 2,230 66 240 0 -202 3,606 R&V 1,009 1,992 133 0 0 238 3,372 ROYAL & SUN ALLIANCE RE 11,074 2,581 1,087 0 20 311 15,073 SIRIUS INTERNATIONAL 0 680 40 2,080 0 -594 2,206 SOREMA 2,256 1,010 231 0 0 634 4,131 ST PAUL FIRE & MARINE 2,993 2,518 318 0 0 -115 5,714 SUN ALLIANCE LONDON 5,049 5,546 327 0 0 -2,586 8,336 SWISS RE 4,211 18,964 970 0 1,373 -2,211 23,307 SYDNEY RE 1,897 1,253 118 0 0 -1,379 1,889 TELA VERSICHERUNG 3 951 139 10 51 0 69 1,220 TOA RE 1,657 8,008 372 4,888 0 859 15,784 XL RE 1,689 638 86 0 0 56 2,469 YASUDA FIRE & MARINE 1,871 2,144 150 150 0 88 4,403 ZURICH (RE) 1,727 2,798 161 0 -1 -92 4,593 ----------- ----------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 127,191 138,849 13,621 31,281 4,275 -3,363 311,854 ----------- ----------- ---------- ---------- ---------- ---------- ----------- REINSURERS TOTAL 178,387 193,044 20,377 33,489 5,449 -1,980 428,766 ----------- ----------- ---------- ---------- ---------- ---------- ----------- GRAND TOTAL 1,293,844 1,235,051 134,717 85,277 70,782 -28,082 2,791,589 =========== =========== ========== ========== ========== ========== =========== TABLE G1: GENERAL INSURANCE: REVENUE ACCOUNTS OF SINGAPORE INSURANCE FUNDS FOR THE YEAR ENDED 31ST DECEMBER 2000 (PART 2) ($'000) ------------------------------------------------------------------------------------------------------------------------------------ EXPENDITURE ------------------------------------------------------------------------------------------------------ TRANSFERS TO NET RESERVES & OTHER PROVISION CLAIMS NET MANAGEMENT TRANSFERS OUT OTHER FOR BALANCE AT COMPANY INCURRED COMMISSIONS EXPENSES OF FUND EXPENSES TAXATION END OF YEAR (8) (9) (10) (11) (12) (13) (14) ------------------------------------------------------------------------------------------------------------------------------------ DIRECT INSURERS =============== LOCAL COMPANIES --------------- ACE INSURANCE 3,751 -8,930 6,526 2,000 226 927 19,586 ALLIANZ SINGAPORE 5,125 -1,106 4,859 0 364 0 28,245 ASIA 38,226 6,176 7,795 8,000 367 3,093 51,699 ASIA LTD 0 0 0 0 0 0 0 AXA SINGAPORE 43,598 11,071 22,938 0 2,313 -210 56,682 COSMIC 33,323 6,346 6,557 9,336 2,752 0 19,490 ECICS-COFACE 29 -458 490 1,228 37 0 8,348 FIRST CAPITAL 8,333 1,356 3,033 9,000 925 3 14,910 GREAT EASTERN LIFE 13,972 2,637 3,818 808 675 688 13,017 HARTFORD (S) 19,696 3,864 5,656 1,802 353 -42 31,635 ICS 34,001 -214 14,421 0 -695 1,873 46,291 INDIA INTERNATIONAL 27,046 3,826 4,021 0 67 2,400 78,972 KEMPER INTERNATIONAL 5,325 1,505 1,837 0 557 0 4,867 KEPPEL 13,961 2,212 6,043 0 387 1,021 31,865 LIBERTY CITYSTATE 13,338 4,266 5,972 0 594 109 16,668 MITSUI (ASIA) 15,882 -2,059 6,663 0 805 1,800 24,864 NANYANG 8,908 1,571 3,499 0 546 139 10,893 NTUC INCOME 111,349 12,104 21,736 11,500 2,572 0 211,590 OAC 11,426 -1,279 8,388 5,000 944 5,512 40,602 OUI 3,699 -481 4,377 1,748 769 2,247 33,449 ROYAL & SUN ALLIANCE 26,413 4,945 11,927 0 796 0 30,271 SAGI 1 20 -48 207 0 -54 45 3,677 SAGI-CAPTIVE 2 6,015 -947 406 0 -74 361 7,895 STANDARD ASIA 154 1 401 0 -33 61 5,553 TOKIO MARINE & FIRE (S) 5,465 -1,932 5,187 3,100 697 1,300 17,222 UOI 5,663 -1,274 3,691 4,000 209 1,187 31,509 WINTERTHUR (FE) 6,176 1,000 3,862 0 31 184 19,375 YASUDA (ASIA) 4,556 -508 4,201 0 109 1,225 29,893 ZURICH 10,273 1,940 6,466 0 669 -36 13,696 ----------- ---------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 475,723 45,584 174,977 57,522 16,908 23,887 902,764 ----------- ---------- ---------- ---------- ---------- ---------- ----------- FOREIGN COMPANIES ----------------- AIA 8,584 18,584 7,462 22,740 29 5,036 34,665 AMERICAN HOME 37,842 9,642 13,333 9,033 1,630 2,405 42,022 CGU 36,641 9,919 15,259 0 5,622 96 32,975 CHINA 36,375 -227 6,508 0 3,217 0 -4,754 EULER TRADE 0 -10 244 0 99 0 4,887 FEDERAL 5,267 1,613 3,903 0 301 0 7,399 HSBC 1,656 112 3,140 2,800 152 540 8,473 ING INSURANCE 15,164 3,351 5,468 0 287 784 17,986 LONPAC 1,416 290 1,717 0 551 25 6,056 MAYBAN 7,217 2,371 3,296 0 509 320 17,228 NIPPONKOA 6,786 979 2,477 2,000 12 472 17,834 QBE 14,754 5,144 7,272 287 907 203 16,231 SUMITOMO MARINE & FIRE 6,532 -2,007 4,641 7,300 4 2,300 19,532 TAI PING 17,733 3,797 4,944 3,504 2,628 202 15,614 TT CLUB 12 -331 334 500 0 128 1,496 UK CLUB 237 31 1,076 0 0 0 1,666 WING ON FIRE & MARINE 5,454 435 3,066 0 4,399 7 5,616 ----------- ---------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 201,670 53,693 84,140 48,164 20,347 12,518 244,926 ----------- ---------- ---------- ---------- ---------- ---------- ----------- INSURERS TOTAL 677,393 99,277 259,117 105,686 37,255 36,405 1,147,690 ----------- ---------- ---------- ---------- ---------- ---------- ----------- PROFESSIONAL REINSURERS ======================= LOCAL COMPANIES --------------- ASEAN RE 3 436 88 101 0 164 213 3,581 AXA CORPORATE SOLUTIONS 5,198 2,862 771 0 46 0 5,380 EQUATORIAL RE 3 84 16 287 0 132 0 6,470 HAFFINA RE 3 489 -1 107 0 -1 0 1,012 RELIANCE NATIONAL ASIA RE 3 702 140 140 0 65 37 2,277 SCOR RE A P 1,689 880 362 0 27 0 4,981 SINGAPORE RE 25,681 8,347 5,282 4,913 64 1,516 32,374 ----------- ---------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 34,279 12,332 7,050 4,913 497 1,766 56,075 ----------- ---------- ---------- ---------- ---------- ---------- ----------- FOREIGN COMPANIES ----------------- ALEA EUROPE 1,403 538 99 0 8 0 1,661 ALLIANZ AUSTRALIA 3 -1,299 13 660 0 0 0 6,077 ALLIANZ AG 6,393 2,674 597 0 48 0 551 AMERICAN RE 1,085 212 70 0 2 75 3,304 CENTRAL RE 11 3 24 0 0 0 1,256 CNA RE 1,307 416 44 0 8 0 1,803 COLOGNE RE 10,661 3,958 2,563 0 651 467 31,903 COPENHAGEN RE 1,848 926 186 0 9 0 1,315 CTR 1,799 584 96 0 21 0 2,075 ERC FRANKONA REINSURANCE 7,070 1,870 1,547 9,640 -2 0 0 EVEREST RE 2,024 854 369 0 14 0 1,080 FOLKSAM INTERNATIONAL 2,951 1,606 505 0 96 166 9,564 GE FRANKONA REASSURANCE 1,664 874 283 0 -1 0 1,412 GE FRANKONA REINSURANCE 0 0 0 0 1 0 7,256 GE RE CORP 3 126 2 11 0 1 0 1,635 GENERALI 319 128 -163 0 13 0 4,326 GERLING GLOBAL RE 3,298 965 298 0 21 0 2,048 KOREAN RE 910 358 50 56 45 0 1,669 LE MANS RE 1,151 602 180 0 -74 0 4,257 MUNICH RE 7,294 6,812 1,260 0 -203 3,977 31,980 NEW RE 1,076 407 72 0 0 0 1,896 PARTNER RE 1,482 668 219 0 8 0 1,229 R&V 1,159 764 96 0 9 0 1,344 ROYAL & SUN ALLIANCE RE 1,379 572 -128 0 -259 -59 13,568 SIRIUS INTERNATIONAL 900 197 145 0 18 0 946 SOREMA 412 105 65 0 5 0 3,544 ST PAUL FIRE & MARINE 612 757 343 0 -1 0 4,003 SUN ALLIANCE LONDON 3,769 1,029 1,095 0 0 250 2,193 SWISS RE 4,726 4,372 1,568 0 898 0 11,743 SYDNEY RE -333 314 394 0 8 0 1,506 TELA VERSICHERUNG 3 -9 24 18 0 1 0 1,186 TOA RE 9,558 3,077 459 0 118 4 2,568 XL RE 228 96 98 500 9 0 1,538 YASUDA FIRE & MARINE 1,361 634 197 0 -2 0 2,213 ZURICH (RE) 1,073 933 296 0 12 0 2,279 ----------- ---------- ---------- ---------- ---------- ---------- ----------- SUBTOTAL 77,408 37,344 13,616 10,196 1,482 4,880 166,928 ----------- ---------- ---------- ---------- ---------- ---------- ----------- REINSURERS TOTAL 111,687 49,676 20,666 15,109 1,979 6,646 223,003 ----------- ---------- ---------- ---------- ---------- ---------- ----------- GRAND TOTAL 789,080 148,953 279,783 120,795 39,234 43,051 1,370,693 =========== ========== ========== ========== ========== ========== =========== Notes : 1. Figures are in respect of run-off of commercial business. 2. Figures are in respect of group business only. 3. On run-off. 4. ICS Re and RMCA Re are under Schemes of Arrangement and exempted from submission of returns.